Sunday, 25 September 2011

Dax

could be forming a double bottom at support (fib retrace 0.618 and Gann 33% from high) - Positive divergence on macd

I am inclined to simplify the approach to the Dax with reference to the major Murrey Math levels 7500 (top) and 5000 (potential bottom) If we start forming highs below5000,for instance,watch out...HL's above 5000 would be positive



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